Consumer Casualties [electronic resource] : Exploring the Economics of Habit, Information, and Uncertainty in Japan /
Wan, J.author.
Junmin Wan takes a two prong approach to analysing this pressure in Japan in his new volume Consumer Casualties. He first clarifies the consumer preference for habit to identify useful approaches toward solving a number of economic issues, such as gambling and other addictive practices.
Description based upon print version of record.
Cover; Title; Copyright; Dedication; Contents; List of Figures; List of Tables; Acknowledgments; 1 Introduction; 1.1 Objectives of This Research; 1.2 Motivation for, and Structure of, This Book; 1.3 Main Findings and Issues Left for Future Research; 2 Rational Addiction with an Optimal Inventory: Theory and Evidence from Japanese Daily and Monthly Purchases; 2.1 Introduction; 2.2 Theoretical Framework; 2.2.1 Model Setting; 2.2.2 First-Stage Decision: Optimal Consumption; 2.2.3 Second-Stage Decision: Optimal Purchase and Inventory; 2.2.4 Solutions to the Issues Raised in the Empirical Model
2.3 Empirical Test for the Rational Addiction Model with an Optimal Inventory2.3.1 Daily Purchases Before and After a Tax Increase; 2.3.2 Formal Test of the Addiction Model Using Monthly Data; 2.4 Conclusion; Appendix 2A: Proofs for Propositions 2.1 and 2.2; Appendix 2B: Data; 3 Response to Health Information: Theory and Evidence from Cigarette Consumption and Intake of Nicotine and Tar in Japan; 3.1 Introduction; 3.2 Conceptual Framework; 3.3 Events; 3.4 Dataset and Empirical Strategy; 3.4.1 Dataset Used in Econometric Analysis; 3.4.2 Empirical Strategy; 3.5 Results
3.5.1 Cigarette Consumption3.5.2 Nicotine and Tar Intake; 3.5.3 Robust Results from Survey Data; 3.5.4 Difference in the Awareness of the Damage from Smoking Between Smokers and Nonsmokers; 3.6 Conclusion; Appendix 3A: Statistical Data; Appendix 3B: Surveys; 4 Responses of Consumers to Mandatory Disclosure of Information: Evidence from Japanese Interbrand Cigarette Sales; 4.1 Introduction; 4.2 Previous Research; 4.2.1 Theoretical Research; 4.2.2 Empirical Research; 4.3 Present State of Information Disclosure in Japan and the Theory of Information Disclosure
4.4 Policy Events Regarding Smoking in Japan4.5 Data, Data Issues, and Their Solutions; 4.5.1 Data and Graphs; 4.5.2 Data Issues; 4.5.3 Data Problem Solutions; 4.6 Model and Estimation; 4.6.1 Impact on Consumers; 4.6.2 Impact on the Monopolistic Firm; 4.7 Results; 4.7.1 Impact on Consumers; 4.7.2 Impact on the Monopolistic Firm; 4.8 Conclusion and Remaining Issues; 5 Is Gambling Addictive? Evidence from Pachinko Participation, Quitting, and Reinitiation; 5.1 Introduction; 5.2 Theoretical Framework; 5.3 Data and Estimation Methods; 5.3.1 Data Source
5.3.2 Information Used for the Empirical Test and Descriptive Statistics5.3.3 Estimation Technique; 5.4 Estimation Results; 5.5 Conclusion and Policy Implications; Appendix 5A: Data; Appendix 5B: Construction of the Variables; 6 Are Gambling and Smoking Complementary? Direct Tests from Japanese Individual Data; 6.1 Introduction; 6.2 Theoretical Framework; 6.3 Data and Estimation Technique; 6.3.1 Data Source; 6.3.2 Information Used for Empirical Tests; 6.3.3 Methods; 6.4 Empirical Results; 6.5 Conclusion and Policy Implications
7 Tax Revenue in China and the Incentive to Declare Taxes: The Lottery Receipt Experiment
Includes bibliographical references and indexes.
Junmin Wan takes a two prong approach to analysing this pressure in Japan in his new volume Consumer Casualties. He first clarifies the consumer preference for habit to identify useful approaches toward solving a number of economic issues, such as gambling and other addictive practices.
Marketing.
Economic policy.
Business ethics.
Behavioral economics.
Marketing.
Economic Policy.
Business Ethics.
Behavioral/Experimental Economics.